Listen "AI meets insurance, transforming the industry with intelligent technology"
Episode Synopsis
Gary Tessendorf, regional director at Sapiens, shares how artificial intelligence is revolutionising the insurance industry across South Africa and Sub-Saharan Africa. Drawing from real-world deployments, the interview highlights:
Embedded AI Across the value chain: AI is no longer an add-on - it’s integrated into core systems like underwriting, claims, and policy administration
Real-Time underwriting & personalisation: Tools now offer brokers a 360-degree customer view, enabling tailored pricing and faster decisions
Data migration breakthroughs: AI is de-risking complex legacy data migrations, with South African insurers leading global examples
Local market dynamics: Insurers are pursuing both large-scale transformations and agile, modular experiments to test and scale AI capabilities
Ethical & responsible AI use: Focus is on optimisation, not downsizing, with embedded guardrails ensuring safe deployment
Solving real problems: From fraud detection to dynamic pricing, AI is being applied to high-impact use cases with measurable results
Closing the skills gap: Demand for AI talent is growing, and Sapiens is helping bridge the gap with global expertise
AIE’s Role in Innovation: The African Insurance Exchange fosters meaningful dialogue, partnerships, and strategic planning
Conclusion: AI is not a future concept -it’s a present-day differentiator. Sapiens is helping insurers unlock its full potential with the right tools and guidance.
Embedded AI Across the value chain: AI is no longer an add-on - it’s integrated into core systems like underwriting, claims, and policy administration
Real-Time underwriting & personalisation: Tools now offer brokers a 360-degree customer view, enabling tailored pricing and faster decisions
Data migration breakthroughs: AI is de-risking complex legacy data migrations, with South African insurers leading global examples
Local market dynamics: Insurers are pursuing both large-scale transformations and agile, modular experiments to test and scale AI capabilities
Ethical & responsible AI use: Focus is on optimisation, not downsizing, with embedded guardrails ensuring safe deployment
Solving real problems: From fraud detection to dynamic pricing, AI is being applied to high-impact use cases with measurable results
Closing the skills gap: Demand for AI talent is growing, and Sapiens is helping bridge the gap with global expertise
AIE’s Role in Innovation: The African Insurance Exchange fosters meaningful dialogue, partnerships, and strategic planning
Conclusion: AI is not a future concept -it’s a present-day differentiator. Sapiens is helping insurers unlock its full potential with the right tools and guidance.